In 2016, software company RELEX specializing in supply chain management grew into the Nordic market leader in food supply chain design and optimizing. In 2018 Relex’s sales already amounted to 40 million euros, and it has grown at a steady rate of 50% per year. Recently, technology investment giant TCV made a 175 million euro investment – exceptional in Finland – to become a minority shareholder in RELEX, because it sees RELEX’s potential to grow into the global market leader in its field.
RELEX is a Staria ONE STOP service customer. Staria is responsible for the financial management of already five of its international market subsidiaries (Finland, Norway, Sweden, Germany, and France). NetSuite is an international platform for corporate financial management and payroll administration.
“Flexibility in partnership is vital for a growth company. When there are changes at RELEX, Staria is able to react quickly and keep things up to date. Even the difficult processes and projects have always been handled with proactive attitude by working out the noted points of development. Staria has been a partner who has made real changes when it’s needed,” says CFO Johan Haataja.